Showing 1 - 10 of 22
This discussion paper resulted in an article in the 'Journal of Economic Behavior & Organization' (2014). Volume 108, pages 224-235.<P> In criminal cases judges evaluate and combine probabilistic evidence to reach verdicts. Unavoidably, errors are made, resulting in unwarranted conviction or...</p>
Persistent link: https://www.econbiz.de/10011256001
Economic behavior often takes place in groups of small numbers of peopleinteracting with each other (like work teams, neighborhoods, socialnetworks, etc.). Characteristic of such interaction is the development of(affective) interpersonal relationships, or social ties. According tosociologists,...
Persistent link: https://www.econbiz.de/10011257581
This discussion paper resulted in a publication in the <A href="http://www.sciencedirect.com/science/article/pii/S0167487010000929">'Journal of Economic Psychology'</A>, 31(6), 964-84.<P>In repeated number guessing games choices typically converge quickly to the Nash equilibrium. In positive expectations feedback experiments, however, convergence to the equilibrium price tends...</p></a>
Persistent link: https://www.econbiz.de/10011255527
In an influential study, Mas and Moretti (2009) find that “worker effort is positively related to the productivity of workers who see him, but not workers who do not see him”. They interpret this as evidence that social pressure can reduce free riding. In this paper we report an attempt to...
Persistent link: https://www.econbiz.de/10011255595
This discussion paper has led to a publication in <A href="http://www.springerlink.com/content/r6x36x128621t040/">'Journal of Risk and Uncertainty'</A>, 44(1), 45-72.<P>This study attempts to combine two traditional fields in microeconomics: individual decision making under risk and decision making in an interpersonal context. The influence of social comparison on...</p></a>
Persistent link: https://www.econbiz.de/10011255676
In criminal cases the task of the judge is to transform the uncertainty about the facts into the certainty of the verdict. In this experiment we examine the relationship between evidence of which the strength is known, subjective probability of guilt and verdict for abstract cases. We look at...
Persistent link: https://www.econbiz.de/10011255690
This discussion paper resulted in an article in 'Games and Economic Behavior' (2013). Volume 77, issue 1, pages 41-60.<P> Numerous gift exchange experiments have found a positive relationship between employers' wage offers and workers' effort levels. In (almost) all these experiments the employer...</p>
Persistent link: https://www.econbiz.de/10011255890
The formation of social ties is examined in an experimental study of voluntary public good provision. The experiment consists of three parts. In the first part the value orientation (attitude to a generalized other) ismeasured. In the second part couples play 25 periods of a public good game. In...
Persistent link: https://www.econbiz.de/10011256082
This discussion paper resulted in a publication in <I>Games and Economic Behavior</I> (2014). Volume 86, pages 77-95.<P> Minority games are a stylized description of strategic situations with both coordination and competition. These games are widely studied using either simulations or laboratory...</p></i>
Persistent link: https://www.econbiz.de/10011256405
The strategy method is becoming an important tool in experimentalmethodology. This study examines how well this method works in anindividual decision experiment. Subjects are faced with a sequentialsearch problem. After extensive practice solving the problem andformulating strategies, they play...
Persistent link: https://www.econbiz.de/10011256616